It's the last thing you want to talk about. No one looks forward to the conversation with their parents about incapacity and health care. It is an emotional and stressful topic. Unfortunately if you do not address it the end result will be tenfold more stressful. Most importantly, without this conversation, your parents will not be able to communicate their wishes upon incapacity.
Only rich people need revocable trusts, right? Wrong. Anyone with property that they want to pass on to the next generation could benefit from this type of trust. In order to make an informed decision, you need to understand what this trust entails, along with what it does for you.
Why would you spend money on an attorney when you struggle to pay your debts already? It seems like taking a step backwards, but it helps ensure you receive a discharge at the end of the bankruptcy. The process entails deadlines, paperwork and legal requirements that easily induce frustration and stress when attempted alone.